| Telkom's shares rebounded yesterday, recovering most of last week's losses when it warned of a big decline in first-half earnings. Perhaps it was the strategy outlined by CEO Sipho Maseko as the group builds its mobile offering and migrates customers to new technologies - though a cautionary announcement that it's in talks to make an acquisition may have assisted. While it was speculated it may be in discussions with Cell C again, there were also suggestions that a fibre company could be the target. More on that story in today's newsletter, along with revised sales guidance from Kumba Iron Ore following ArcelorMittal SA's decision to mothball its Saldanha plant. And Rolfes isn't happy after it got a rap over the knuckles from the JSE. Meanwhile, Lighthouse Capital expects to grow next year's distribution by at least 5% after meeting this year's target and Accntuate says it's in talks with potential funders, which could result in its delisting. In Mid Cap Darlings, The Awkward Economist Sifiso Skenjana puts Barloworld under the spotlight. Finally, if Fintech raises your interest as an investment, Bridge Capital believes that My-iMali has broken the back of the customer acquisition and trust issues - facing all other competitors in this space - by moving upstream to employers. That's one of the reasons behind their recommendation in this start-up opportunity space on the Uprise.Africa platform. The offering is targeted specifically to our market's unique needs, trends and drivers with products and services which are unique. Follow this link if you'd like to find out more. Have a great day. Stephen Gunnion Managing Editor, InceConnect
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